Property Valuation Archives

Automated Valuation Models Can Help Identify Home Appraisal Bias in Minority Communities

In the News, Press Releases, Property Valuation, White Papers & E-Books / By Veros

The results revealed no evidence of racial basis in the VeroVALUE AVM.

“We found that the proportion of properties that are undervalued by 15% or more is not correlated with the proportion of Black, Hispanic, Asian, or White populations,” said Eric Fox, Veros Real Estate Solutions Chief Economist. “This is crucial because it addresses concerns about undervaluations of minority-owned properties.”

Automated Valuation Models Can Help Identify Home Appraisal Bias in Minority Communities Read More »

Despite rising prices and mortgage rate, why are home prices forecast to rise even higher?

Insights, Property Valuation / By Veros

The data suggests that while some first-time homebuyers are getting priced out of the housing market due to affordability, prices are being driven by demand from repeat and all-cash buyers as they compete for a low supply of homes.

Despite rising prices and mortgage rate, why are home prices forecast to rise even higher? Read More »

Corporate Investor Home Purchases are at the Highest Levels in a Decade

Insights, Property Valuation / By Veros

The recent hot housing market has led to a sharp rise in single-family home investor purchases. The large increases experienced in the housing market have made single-family homes a quality investment that can produce yearly returns higher than those seen in the stock market. Investor Purchase Percentage usually hits its peak from December to February,

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Veros Now Offers Commercial Property Insight Following a Natural Disaster

Insights, Property Valuation / By Veros

Actionable data is now available to commercial builders and commercial real estate owners to identify losses more quickly after disaster strikes Santa Ana, Calif., May 24, 2021—Veros Real Estate Solutions, an industry leader in enterprise risk management and collateral valuation services, announced today the addition of commercial properties to its Veros Disaster Data Solution product.

Veros Now Offers Commercial Property Insight Following a Natural Disaster Read More »

The Ticking Climate Time Bomb. America is Getting Hotter and Wetter

Insights, Property Valuation / By Veros

New United States weather data shows ‘obvious’ effects of climate change at a time when catastrophic events have intensified. Weather data recently released by the National Oceanic and Atmospheric Administration, a U.S. scientific agency that tracks weather data, shows that the U.S. is getting warmer and parts of it are getting wetter. Every ten years,

The Ticking Climate Time Bomb. America is Getting Hotter and Wetter Read More »

Is housing in a bubble that’s about to burst?

Insights, Market Report & Forecast, Property Valuation / By Veros

Google reported last week that the search question “When is the housing market going to crash?” had spiked 2,450% in the past month. “Why is the market so hot?” searches had doubled in just a week. Are consumers right to worry that house prices may be in a bubble that’s about to burst?

Is housing in a bubble that’s about to burst? Read More »

Climate Change…And Where You Do and Don’t Want To Live

Insights, Property Valuation / By Veros

Climate change impacts more than the environment, but also where people want to live and the value of homes. The COVID-19 pandemic’s perceived negative impact on home values was short-lived — the market paused for only one quarter, then resumed appreciating in the subsequent quarters and continues to perform remarkably. Climate change, on the other

Climate Change…And Where You Do and Don’t Want To Live Read More »

Housing regulator looks to create a standard in identifying climate risk

Insights, Property Valuation / By Veros

The Federal Housing Finance Agency earlier this month put out a request for input on the impact of natural disaster risk to the housing finance system as a whole and to Fannie Mae, Freddie Mac, and the Federal Home Loan Banks in particular. In its RFI, the agency noted that “natural disasters could result in

Housing regulator looks to create a standard in identifying climate risk Read More »

How Natural Disasters Cause Crashing Home Prices

Insights, Property Valuation / By Veros

The extent of climate change is rippling through our world, and the housing industry isn’t immune. As sea-levels rise, the intensity and frequency of storms increase, and coastal erosion pushes storms further inland. Economists and housing experts agree that millions of additional properties in the United States are at a greater risk for catastrophic damage

How Natural Disasters Cause Crashing Home Prices Read More »

Understanding the risk of natural disasters on your mortgage portfolio

Insights, Property Valuation / By Veros

After a natural disaster, impacted mortgage portfolios need data When natural disaster strikes, information, and accurate insight into properties and homeowners impacted within the mortgage portfolio is essential, Veros Disaster Data Solution can help you accurately manage the damage a natural disaster has had on your investment portfolio. An unprecedented fire season is currently wreaking

Understanding the risk of natural disasters on your mortgage portfolio Read More »

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Automated Valuation Models Can Help Identify Home Appraisal Bias in Minority Communities

Despite rising prices and mortgage rate, why are home prices forecast to rise even higher?

Corporate Investor Home Purchases are at the Highest Levels in a Decade

Veros Now Offers Commercial Property Insight Following a Natural Disaster

The Ticking Climate Time Bomb. America is Getting Hotter and Wetter

Is housing in a bubble that’s about to burst?

Climate Change…And Where You Do and Don’t Want To Live

Housing regulator looks to create a standard in identifying climate risk

How Natural Disasters Cause Crashing Home Prices

Understanding the risk of natural disasters on your mortgage portfolio

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